Banco Bilbao Vizcaya Argentaria S.A. Sells 33,860 Shares of D.R. Horton, Inc. (NYSE:DHI)

Banco Bilbao Vizcaya Argentaria S.A. cut its holdings in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 83.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,880 shares of the construction company's stock after selling 33,860 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in D.R. Horton were worth $962,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Allworth Financial LP boosted its position in shares of D.R. Horton by 5.5% during the fourth quarter. Allworth Financial LP now owns 1,561 shares of the construction company's stock valued at $229,000 after buying an additional 82 shares during the last quarter. Nemes Rush Group LLC lifted its stake in D.R. Horton by 74.5% during the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock valued at $27,000 after acquiring an additional 82 shares during the period. Secure Asset Management LLC boosted its holdings in shares of D.R. Horton by 4.8% during the 4th quarter. Secure Asset Management LLC now owns 1,836 shares of the construction company's stock valued at $257,000 after acquiring an additional 84 shares during the last quarter. Horizon Investments LLC grew its stake in shares of D.R. Horton by 1.7% in the fourth quarter. Horizon Investments LLC now owns 5,503 shares of the construction company's stock worth $767,000 after acquiring an additional 91 shares during the period. Finally, Bfsg LLC raised its holdings in shares of D.R. Horton by 24.4% during the fourth quarter. Bfsg LLC now owns 484 shares of the construction company's stock valued at $68,000 after purchasing an additional 95 shares during the last quarter. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Bank of America cut their target price on shares of D.R. Horton from $150.00 to $125.00 and set a "neutral" rating for the company in a research report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Wells Fargo & Company reduced their price objective on D.R. Horton from $175.00 to $160.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. Keefe, Bruyette & Woods dropped their target price on D.R. Horton from $165.00 to $135.00 and set a "market perform" rating on the stock in a research report on Tuesday, April 22nd. StockNews.com lowered shares of D.R. Horton from a "hold" rating to a "sell" rating in a research report on Thursday. Finally, UBS Group lowered their price objective on shares of D.R. Horton from $214.00 to $203.00 and set a "buy" rating on the stock in a research note on Wednesday, January 8th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, D.R. Horton presently has a consensus rating of "Hold" and an average price target of $151.15.

D.R. Horton Price Performance

NYSE DHI traded down $0.82 during trading hours on Thursday, reaching $125.53. The company's stock had a trading volume of 2,549,615 shares, compared to its average volume of 2,947,571. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $199.85. The firm's 50-day moving average price is $125.78 and its 200-day moving average price is $143.89. The company has a market capitalization of $38.56 billion, a price-to-earnings ratio of 8.87, a PEG ratio of 0.54 and a beta of 1.61.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share for the quarter, missing analysts' consensus estimates of $2.69 by ($0.11). The company had revenue of $7.73 billion for the quarter, compared to the consensus estimate of $8.07 billion. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. During the same quarter in the prior year, the company posted $3.52 EPS. On average, equities research analysts predict that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, May 2nd will be issued a $0.40 dividend. The ex-dividend date is Friday, May 2nd. This represents a $1.60 annualized dividend and a dividend yield of 1.27%. D.R. Horton's dividend payout ratio (DPR) is 12.11%.

About D.R. Horton

D.R. Horton, Inc operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 118 markets across 33 states under the names of D.R.